- Search Energy EXCH
-
TrAndy1 replied Sep 29, 2023Tradeday offer is without value. The (best) Score is 1, so no difference to trading ones own personal account. You do not get any value there on their offers.
Prop Firm Hub
-
TrAndy1 replied Sep 29, 2023The Apteros Score is negative. You need to flip 2.5 times in your challenge. Means on Euler this 12.2 times as value, which is 300 USD per month (!), then you have 60% split only of 4k USD max. DD. So you pay per month in value around 3.7k to get ...
Prop Firm Hub
-
TrAndy1 replied Sep 29, 2023That is why you need to work on your own strategy first. Before you can tell anything you need to have a good strategy. Otherwise you are in wrong thread. Prop firm business is only for traders who have a good strategy. Otherwise you are wasting ...
Prop Firm Hub
-
TrAndy1 replied Sep 29, 2023You are totally wrong. But I do not repeat what I just wrote today. Are you a profitable trader ? Are you consitent profitable too ? Who are you that you are telling me something and give me advices ?
Prop Firm Hub
-
TrAndy1 replied Sep 29, 2023Why are here in this thread ? You do not want to join any prop trading firm ? Or you are net looser and need a prop firm to make consistent gains with those props ?
Prop Firm Hub
-
TrAndy1 replied Sep 29, 2023You did not understand anything what I just wrote. And I have max. DD of up -20% for those +20% monthly profits. So it is basically RRR of 1:1 per month. This can be done, though it is not easy to achieve. And yes last year I had some problems as I ...
Prop Firm Hub
-
TrAndy1 replied Sep 29, 2023It is not that. If you trade on your personal account you are at 100% risk. You can easily loose 50k which is substantial amount of money. But the same drawdown you can get with as little as 2k, so you need to compare 2k loss versus 50k loss (as 10% ...
Prop Firm Hub
-
TrAndy1 replied Sep 29, 2023If you point on me, you are again wrong. I made consistently +20% in average every month this year on my hedge fund account I am trading with. So I trade real markets and I cannot start from the beginning or anything. I had one chance to show I can ...
Prop Firm Hub
-
TrAndy1 replied Sep 29, 2023You forget you do not have to be net profitable to be consistent winner on those prop firms. Because you get extra value for your fee. For example if your value/score is 7 that means for every 1000 USD you get 7000 USD in value. So in case you need ...
Prop Firm Hub
-
TrAndy1 replied Sep 29, 2023It is not a dream, this is reality. A few people out of 10000 traders can do it consistently. I was speaking to them. The number is always low, it was, it is and it will be.
Prop Firm Hub
-
TrAndy1 replied Sep 29, 2023Work hard like 16 hours per day 7 days a week for the next 6 months at least to build a good solid trading strategy. Backtest also a lot but not overoptimizing it too.
Prop Firm Hub
-
TrAndy1 replied Sep 29, 2023You can also say that is even worse. Because if they had so many years experience with the prop trading firm, why they could not gain more market knowledge and start trading their own funds or with the prop firm funds and actively doing more ...
Prop Firm Hub
-
TrAndy1 replied Sep 29, 2023Basically you cannot really say those guys have market knowledge and the other ones not, because if they had really market knowledge they would not start such a prop firm. They would trade for their own accounts only. So your assumption is very ...
Prop Firm Hub
-
TrAndy1 replied Sep 29, 2023It is better to stay away from TFT and all his firms from Angelo. As long as he is selling all trade history with personal info to reverse engineers the underlying trading strategy, you have a much worse chance to succeed longer term. If you trade ...
Prop Firm Hub
-
TrAndy1 replied Sep 28, 2023No, my average trade is over 50 pips! I only trade majors FX no tiny DOW or Gold. I meant 10 pips or 100 points you have no chance with Reverse Engineers, for sure.
Prop Firm Hub
-
TrAndy1 replied Sep 28, 2023At least up to 10 or 20 pips would kill your alpha with the reverse engineers. On Dow and Gold is even much worse because these are very tiny markets. You can only loose here regardless of your edge. Or you must position trade here with at least +1% ...
Prop Firm Hub
-
TrAndy1 replied Sep 28, 2023TFT is selling trade history to third parties ? For reverse engineering so any profitable strategy can turn into a loosing one if the edge is not large enough. Just beware to trade with them, if you are scalper or have a small edge. They can easily ...
Prop Firm Hub
-
TrAndy1 replied Sep 28, 2023A signal provider also needs a license here from BaFin, so best would be if they say the trader is expresses his opinion on demo trading account (what the market should do). That would be out of this where no license is required.
Prop Firm Hub